
Western Midstream Partners LP
Western Midstream Partners LP (WES) is a midstream energy partnership that owns and operates pipelines, terminals, storage and processing assets serving oil and natural gas production regions. Investors should know it primarily earns fees for gathering, transporting and processing hydrocarbons, which can produce relatively predictable cash flows compared with upstream businesses, though throughput volumes and commodity-related activity affect revenue. With a market capitalisation around $15.34 billion, WES typically focuses on long-term contracts, acreage dedications and fee-for-service models that can support distributions, but maintenance capital and commodity cycles influence free cash flow and growth capacity. Key risks include operational incidents, regulatory and environmental oversight, counterparty credit and sensitivity to regional production trends. The partnership structure may have different tax reporting and distribution mechanics than a standard corporation. This is general educational information, not personalised investment advice — values can fall as well as rise and past performance is not a guarantee of future results.
Stock Performance Snapshot
Analyst Rating
Analysts suggest maintaining Western Midstream's stock with a target price of $38.09, indicating limited growth potential.
Financial Health
Western Midstream Partners LP is generating strong revenue and cash flow, indicating good financial performance.
Dividend
Western Midstream Partners LP offers a high dividend yield of 7.72%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $72.00 a year in dividends (based on the last 12 months).
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Baskets Featuring WES
Riding The OPEC+ Wave: Midstream Energy Plays
OPEC+ is moving forward with its plan to increase oil production to meet summer demand. This creates an opportunity for companies that transport, store, and process the additional crude oil and natural gas.
Published: July 25, 2025
Explore BasketOPEC+ Opens The Taps: Midstream's Moment
OPEC+ has decided to maintain its policy of gradually increasing oil production to meet rising global demand. This creates an investment opportunity in companies that provide the essential midstream services, such as transportation and storage, which will see increased business from the higher oil supply.
Published: July 25, 2025
Explore BasketNatural Gas Drilling Revival Play
A carefully selected group of stocks poised to benefit from the recent upturn in U.S. natural gas drilling activity. Our professional analysts have identified companies across the entire natural gas value chain that could see improved performance as drilling rebounds for the first time in twelve weeks.
Published: July 20, 2025
Explore BasketToll Road Businesses
These gatekeepers of modern commerce own indispensable infrastructure and collect fees on the flow of goods, energy, and data. Our analysts have selected companies with durable, recurring revenues from hard-to-replicate physical and digital networks.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Steady fee cashflows
Long-term contracts and fee-based services can provide more predictable cashflow than production businesses, though maintenance costs and demand swings still matter.
Infrastructure focus
Assets such as pipelines and terminals benefit from regional production growth and logistical bottlenecks, yet operational and regulatory risks remain.
Commodity exposure matters
While less directly linked to prices, midstream performance depends on volumes and regional activity — returns can vary and are not guaranteed.
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